Owning your own business can be very rewarding both financially and emotionally. Business ownership provides innumerable opportunities to put ideas into action and reap the rewards (and sometimes the pain).
Buying a business, rather than starting a business from scratch, has many advantages:
The business should have established customers who will provide revenues for the business almost immediately. Unlike a start-up business that needs to find customers and take them away from another business, the business buyer must retain it’s existing customers. It’s always easier and less expensive to retain customers than to try to find new customers.
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July 29th, 2009
redsplanet
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